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FMC Corporation FMC Non-recourse factoring

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Other financials

Income statement

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Revenue$758.6M-4.1%
Gross profit$246.6M-22.1%
Operating income-$81.0M-239%
Net income-$281.3M-1,715%
EPS (diluted)-$2.25-1,775%

Balance sheet

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Cash & equivalents$390.9M+24.0%
Total debt$4.1B+0.2%
Total equity$1.8B-58.4%
Total assets$9.4B-20.2%

Cash flow

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Operating cash flow-$600.9M-10.3%
CapEx$16.6M-47.5%
Free cash flow-$617.5M-7.1%

Valuation

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Market cap$1.33B-69.8%
Enterprise value$5B-38.6%
P/S0.4×-0.7×

Profitability

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Gross margin35.3%-4.2pp
Operating margin-51.5%-63.4pp
Net margin-72.9%-80.9pp
FCF margin6.2%

Returns & leverage

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Return on equity-80.7%-88.3pp
Debt / equity2.2×+1.3×
Current ratio1.3×-0.2×

Where this comes from

Reported directly by FMC Corporation in its filing.

Tagged under the XBRL concept fmc:AccountsReceivableNonrecourse.

The source filing: FMC Corporation’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 2:50 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000037785-26-000096

We account for these transactions as true sales and as a result they are no longer recognized on the consolidated balance sheets because the agreements transfer effective control and risk related to the receivables to the buyers. The net cash proceeds received are presented within cash provided by operating activities within our consolidated statements of cash flows. The cost of factoring these accounts receivables is recorded within "Selling, general and administrative expenses" on the consolidated statements of income (loss) and has been immaterial during each reporting period. Non-recourse factoring was $44.9 million and $25.1 million during the three months ended March 31, 2026 and 2025, respectively.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is FMC Corporation's non-recourse factoring?
FMC Corporation (FMC) reported non-recourse factoring of $44.9M in Q1 2026.
How has FMC Corporation's non-recourse factoring changed year-over-year?
FMC Corporation's non-recourse factoring increased by 78.9% year-over-year, from $25.1M to $44.9M.
What does non-recourse factoring mean?
The total value of trade receivables sold to a third party where the company retains no obligation for the customer's default. This is a key liquidity management tool used to accelerate cash inflows and reduce the balance sheet exposure to customer credit risk.

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